Manufacturing registers first gain in five quarters
OTTAWA, Ont. — Manufacturing output rose 2.0% in the fourth quarter, the first increase in five quarters, according to Statistics Canada.
This reflected a number of factors, including a bounce-back from reduced output in the third quarter as a result of the electricity black-out in Ontario, the reopening of international borders to some Canadian beef products, robust housing construction in both Canada and the United States and higher demand for motor vehicles parts from American motor vehicle assembly plants.
Information and communications technologies manufacturers registered a significant 4.4% increase in output, only the second gain in the last six quarters. Higher manufacturing production translated into increased activity for wholesalers, truck and rail transportation and warehousing industries.
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